It is no surprise that the global drop in oil prices has caused the growth rate of economies around the world to slow down. Between 2014 and 2015, Mexico only grew 2.5%. The most interesting figures, however, come from a breakdown of the country’s growth rates by state. Michoacán, Tabasco, Chiapas, and Campeche, the territory’s […]

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In an excerpt from his exclusive interview with Mexico Oil & Gas Review 2016, Mauricio Herrera Madariaga, Executive and Administrative Coordinator of Fondo Mexicano del Petroleo sheds light on the purpose of the oil fund and erases all misconceptions that might exist surrounding its performance so far.

 

Q: Why did Mexico […]

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Three months have passed since the US historically decided to lift its 40-year ban on oil exports. In geopolitical terms, there is a current war among the oil producers in the world for power, and the North American preeminence has rarely hesitated to weigh in. Countries and multinational companies have been fighting for several decades […]

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Mexico Oil & Gas Review talks to Gerardo Flores Villasuso, Strategic Account Manager for PEMEX at ABB about the NOC’s refinery reconfigurations and whether or not they are still a logical solution for the country. He then goes on to talk about a new cost-saving and risk-reducing technology that ABB is offering to the Mexican offshore market.

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